BGL Whitepaper
  • Welcome to BGL's Whitepaper
    • Our Mission
    • Why Bitcoin?
    • Vision and Goals
  • Executive Summary
    • Overview
    • Key Points
  • Gaming Sector
    • Context and Background
    • Market Analysis
    • Market Opportunity
  • Problem Statement
    • Challenges in Gaming
  • The solution
    • Project Overview
    • Integrations
    • Product Offerings
  • Economic Model
    • In-Game Currency and Rewards
    • Monetization Strategy
  • Roadmap
    • Development Timeline
    • Past Milestones
    • Future Projections
  • Team and Advisors
    • Core Team
    • Advisors and Partners
  • Law & regulation
    • Compliance
    • Risk Disclosure
  • Community and Governance
    • Community Engagement
    • Ambassador Program
  • Investment opportunity
    • Open Investment Rounds
    • Use of Funds
    • > Form for Investors
  • Wrap up
    • Final Thoughts
    • Next Steps
  • Appendix
    • Technical Glossary
    • Additional Resources
      • Investor's Form
  • > Back to BGL's website
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  1. Law & regulation

Risk Disclosure

Engaging with blockchain technology and cryptocurrencies involves certain risks, which we are committed to transparently communicating to our users and stakeholders.

Key Risks:

  1. Market Volatility: The value of cryptocurrencies, including Bitcoin, is highly volatile. Users participating in in-game purchases or rewards involving Bitcoin should be aware that the value of their holdings can fluctuate significantly.

  2. Regulatory Changes: The regulatory environment surrounding cryptocurrencies is constantly evolving. Changes in laws or regulations in Spain or other jurisdictions could impact the operation of our platform and the usability of cryptocurrencies within our games.

  3. Security Risks: While we implement advanced security measures to protect user data and assets, there is always a risk of cyber-attacks, hacking, or other security breaches that could result in the loss or theft of cryptocurrency.

  4. Legal Risks: As a pioneer in the intersection of gaming and blockchain, we operate in a space where legal precedents are still being established. There may be unforeseen legal challenges or liabilities that could arise as the industry develops.

  5. Technology Risks: The blockchain and Web3 space is rapidly evolving, and the technology itself can present risks, such as software bugs, network failures, or other technical issues that could affect the performance of our games or the security of our platforms.

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Last updated 9 months ago